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What % of your income...

What % of your income do you spend on coins? Unless you've got super-deep pockets, you are probably going to have to set some form of budget or max out the credit cards. I have a lot of family commitments right now so my coin spending is only about 5% of my take-home pay. It's fun to see how far I can stretch it.
Tom

NOTE: No trees were killed in the sending of this message. However, a large number of electrons were terribly inconvenienced.

Type collector since 1981
Current focus 1855 date type set

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    However much money I get from my parents.image


    For some life lasts a short while, but the memories it holds last forever.
    -Laura Swenson

    In memory of BL, SM, and KG. 16 and forever young, rest in peace.
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    lordmarcovanlordmarcovan Posts: 45,381 ✭✭✭✭✭
    It varies. Sometimes as much as 10%, but sometimes little at all- I support my habit by dealing.

    (Yeesh, that last part didn't sound so good, did it?) image

    Collector since 1976. On the CU forums here since 2001.

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    itsnotjustmeitsnotjustme Posts: 8,789 ✭✭✭
    5-10%

    Sometime it's really less as I sell items I previously bought.
    Give Blood (Red Bags) & Platelets (Yellow Bags)!
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    itsnotjustmeitsnotjustme Posts: 8,789 ✭✭✭


    << <i>I support my habit by dealing >>

    I guess it is an addiction!
    Give Blood (Red Bags) & Platelets (Yellow Bags)!
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    clw54clw54 Posts: 3,815 ✭✭✭
    Probably between 5 and 10%, which is more money than I should spend.
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    Dave99BDave99B Posts: 8,954 ✭✭✭✭✭
    Usually between 10 and 12%. Way too much

    Dave
    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
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    wingedlibertywingedliberty Posts: 4,805 ✭✭✭
    5%
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    1% or less
    Time sure flies when you don't know what you are doing...

    CoinPeople.com || CoinWiki.com || NumisLinks.com
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    Probably about 10% - Yikes! don't let my wife see this! image
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    RussRuss Posts: 48,514 ✭✭✭
    Budget? Max? Huh?

    Russ, NCNE
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    BladeBlade Posts: 1,744 ✭
    Russ,
    You go boy! You can't corner the extant population of AH's without going all out.
    Tom

    NOTE: No trees were killed in the sending of this message. However, a large number of electrons were terribly inconvenienced.

    Type collector since 1981
    Current focus 1855 date type set
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    all my spare change image
    "spare change? Nahhhhh...never have any...sold it all on E-bay..."
    see? My Auctions "Got any 1800's gold?"
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    hookedoncoinshookedoncoins Posts: 1,239 ✭✭✭
    hmmm... about 70%... but I am a student and don't have too much else I have to buy... the other 30% is for gas, food, and recreation... lol.

    -Jarrett Roberts
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    RussRuss Posts: 48,514 ✭✭✭


    << <i>You can't corner the extant population of AH's without going all out. >>



    Yep, and my credit card companies love me. I'm expecting Christmas fruitcakes from all of them this year.image

    Russ, NCNE

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    cachemancacheman Posts: 3,132 ✭✭✭✭
    17-20% It varies by what I can get away with...if you catch my meaning (pssst, wife). image
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    125% Please help me!!image

    TRUTH
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    gmarguligmarguli Posts: 2,225 ✭✭
    I have better uses for my money from my job. I try to collect using only money made from buying and selling. Some months that is very good and other money PCGS takes all my money for regrades. image
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    BikingnutBikingnut Posts: 3,561 ✭✭✭✭✭
    Too much......according to my wife that is.
    US Navy CWO3 retired. 12/81-09/04

    Looking for PCGS AU58 Washington's, 32-63.
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    I budget $75 a pay period or about $150 a month. I have a coin savings account, so I don't mix money I would use to pay bills, save, etc. Works great for me. When I see something I want, I get it....if there is money in that account. I just added an 1935 MS66 Texas to my collection. image)
    heath
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    About 50%. I live very frugally.
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    09sVDB09sVDB Posts: 2,420 ✭✭✭
    Lately not a whole lot, maybe 2%. I support a lot of it but dealing and getting rid of bulk stuff.
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    I have not firgured out a percentage, but I am sure its too much. I need help!!!!!!!!
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    careful- that light at the end of the tunnel might be a freight train!
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    What do you mean % of income, for the last 2 years I've lived off selling coins (really crappy market here in Seattle)
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    tradedollarnuttradedollarnut Posts: 20,795 ✭✭✭✭✭
    Spokane is doing a bit better. I spend about 75%!!!!!! (but don't tell my wife!!)
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    EVillageProwlerEVillageProwler Posts: 5,856 ✭✭✭✭✭
    I can't answer this question with total candor because I think it would shock people to know just how much of a coin addict I really am.

    There's only a couple of forum members who know me well enough to know just what I mean, and I'm fairly certain that they would feel that I need some serious restraint!

    image

    EVP

    How does one get a hater to stop hating?

    I can be reached at evillageprowler@gmail.com

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    20-25% take home pay
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    CoulportCoulport Posts: 1,087 ✭✭✭
    Hey, when you work for fun AND they pay you for it it all can go towards coins. (And usually does)
    The most money I made are on coins I haven't sold.

    Got quoins?
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    I sell other stuff on ebay. I try to leave the money in paypal that comes in from the other stuff for coins. I still dip into the checking account occasionally.
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    Have been spending money I shouldn't. It IS an addiction. I am trying to get a grip.
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    My spending percentage fluctuates widely. Over the past year, I would say it was a bit under 10% but recently for the past month, I haven't bought any coins. I hope no of you are spending close to 100%. Otherwise, then it should be a business occupation and not a hobby. Not unless, you got tons of free time and money like Bill Gates and the Rockefellers. image
    Recommended reading - The PCGS Guide to Coin Grading and Counterfeit Detection and The Coin Collector's Survival Manual and NCI Grading Guide
    For the Morgan collectors - The Morgan and Peace encyclopedia by Van Allen and Mallis

    What would your slabbed coins be worth if the grading services went out of business? What would your coins be worth if the Internet was taken offline for good?
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    About 20% goes into coins and 15% goes into the stock market. I'm having a really hard time figuring out which is the worse investment out of the two. Someday I'll put my money into something smart, like the lottery.image
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    tjkilliantjkillian Posts: 5,578 ✭✭✭
    Wow, I thought I spent a lot of my income. I spend about 2% of my gross income. I can imagine the collection if I spent 10%!

    Tom
    Tom

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    FlashFlash Posts: 1,090 ✭✭✭
    25-30% of my takehome.
    Matt
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    I "try" to limit myself to approx. $200 per month max which is not a big percentage. Of course last month I spent 200%..still don't know how I can make the numbers work out next month!!....lol
    Becoming informed but still trying to learn every day!
    1-Dammit Boy Oct 14,2003

    International Coins
    "A work in progress"


    Wayne
    eBay registered name:
    Hard_ Search (buyer/bidder, a small time seller)
    e-mail: wayne.whatley@gmail.com
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    KAJ1KAJ1 Posts: 777 ✭✭✭
    5 %


    Kevin
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    OuthaulOuthaul Posts: 7,440 ✭✭✭✭✭
    It depends upon what maintaining the boat costs. Yasee...I am afflicted with more than one expensive hobby. Linkie to my other hobby belowimage

    Linkage

    Cheers,

    Bob
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    0.358% for now.
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    i'll take the ones from my pocket each day and stick them way back in my undies drawer, and when the pile is nice and thick, i go wild. image usually about $25-30 a month.

    B.
    A Fine is a tax for doing wrong.
    A Tax is a fine for doing good.

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